The Daily REITBeat | Friday, April 10th, 2026

"Make or Break?"

Various Initiatives and Website Links

Hoya Capital: www.hoyacapital.com 

4800 Partners (REIT IR/Marketing/PR/Story Telling): www.4800partners.com 

All the REIT Jobs Website: www.allthereitjobs.com

B-A-N-D Visual Storytelling: www.b-a-n-d.com/reit

REIT TV: www.reittv.com

Today’s Newsletter (April 10th, 2026)

Futures mixed at the time of this writing as talking heads focus on this weekend’s conversations between the US and Iran to see if the fragile truce can hold as the usual topics are in focus along with a big economic calendar including CPI.

From Bloomberg

  • "US stocks fluctuated after a seven-day rally as investors looked to talks between the US and Iran for signs a fragile truce can hold. Oil was set for its steepest weekly loss in nine months.

  • Equity futures were flat, with the underlying S&P 500 index on track for its biggest weekly advance in almost a year. Europe’s Stoxx 600 gained 0.8% as Ukraine’s top negotiator with Russia expressed optimism about peace talks. Brent crude was steady at near $96 a barrel.

  • Traders are waiting to see if Tuesday’s two-week ceasefire accord that sent stocks on a tear and oil slumping can be cemented into a lasting peace. President Donald Trump said he was “optimistic,” even as he threatened Tehran over charging fees in the Strait of Hormuz where there’s little sign of a meaningful pickup in traffic since the truce began."

In REIT News

  • Morgan Stanley upgrades RHP to Overweight from Equalweight (raise price target by $17 to $105)

  • Citizens downgrades WSR to Market Perform from Market Outperform

  • Yesterday, Truist Securities downgraded WSR to Hold from Buy (raised price target by $2 to $19)

  • Yesterday, Ladenburg Thalmann downgraded WSR to Neutral from Buy (maintain $19 price target)

  • Yesterday, Alliance Global downgraded WSR to Neutral from Buy (raised price target by $2 to $19)

  • In an 8-K filing, CPT announced a settlement in the RealPage revenue management software class action lawsuit which will require the company to pay an aggregate of $53 million into a settlement fund to settle all claims asserted, or which could have been asserted, against the Company relating to the alleged conduct at issue in the Class Action Litigation

  • AHT closed on the sale of four hotels for $252.5 million in gross proceeds ($280K/key) and has entered into definitive agreements to sell an additional two hotels for $54.8 million as part of its ongoing strategy to optimize its portfolio through strategic asset sales where the majority of proceeds will be used to pay down mortgage debt

  • Moody’s upgraded DHC’s corporate family rating to “B3” from “Caa1”, senior secured rating to “B2” from “B3” backed senior unsecured rating to “B3” from “Caa1” and senior unsecured rating to “Caa1” from “Caa2” and revised its outlook to positive from stable

  • KRC published its fifteenth annual Sustainability Report providing updates on progress toward its 2030 Environmental and Social Goals, and building on its longstanding track record of sustainability leadership

  • Yesterday morning, TRNO executed an early lease renewal for 27,000 sf in Washington, D.C. with the Supreme Court of the United States noting that the lease, which was to expire in 2032, will now expire March 2036 plus the Supreme Court has leased an adjacent vacant 29,000 sf which commenced April 1, 2026 and will expire March 2036

  • Yesterday morning, LINE announced the planned retirement of Sudarsan Thattai, its Chief Information Officer and Chief Transformation Officer, who will continue his role as Chief Transformation Officer and remain with the Company through the subsequent transition period until his planned retirement in April 2027 and as part of this transition, day-to-day leadership of global IT and Technology organization will transition to Chris Johnson, Vice President of Technology Projects

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Have a great day!

David Auerbach

David Auerbach boasts over two decades of experience in the securities industry, specializing as an institutional trader with a focus on Real Estate Investment Trusts (REITs), Equity and Preferred stocks, MLPs, ETFs, and Closed End Funds.

Based in Dallas, TX throughout his entire career, David currently serves as the Chief Investment Officer for Hoya Capital, managing the Hoya Housing 100 ETF (Ticker: HOMZ) and The High Yield Dividend ETF (Ticker: RIET). Additionally, he acts as a consultant with 4800 Partners focusing on corporate access in the REIT industry.

Previously, David held the position of Managing Director at Armada ETF Advisors, the sub-advisor for the Residential REIT ETF (Ticker: HAUS) and The Private Real Estate Strategy via Liquid REITs ETF (Ticker: REAI).

David's industry journey includes roles at World Equity Group, Esposito Securities, and Green Street Advisors where he got his start in the REIT industry. At Esposito Securities, he played a crucial role in building the REIT/Real Estate platform and worked extensively with institutional investors, Equity REITs, and ETF issuers.

Throughout his career, David has been quoted by reputable publications such as Bloomberg, WSJ, Financial Times, Barron’s, Commercial Observer, Bisnow, CoStar, REIT.com, and GlobeSt.com. He has also made notable appearances as a featured guest on networks like Yahoo Finance, Schwab Network, and Bloomberg.

David holds a BBA in Finance from the University of Texas at Austin (May 1999) and an MBA in Finance from Southern Methodist University (May 2005). He maintains FINRA Series 7, 24, 55, and 63 registrations.

In his leisure time, David is an avid traveler, often found crisscrossing the country in pursuit of attending as many Phish concerts as possible.